Unidentified cybercriminals have reportedly hacked into the SWIFT system of nic asia bank to steal money, exposing vulnerability in the information technology system of Nepali banks.
The Nepal Rastra Bank (NRB), the central bank, has confirmed the reported cyber theft which took place during the Tihar vacation, when all the banks and the central monetary authority remained closed.
We, howeve...

The countrys only secondary market bid adieu to the year 2015 on a positive note, with the Nepal Stock Exchange (Nepse) index clocking a weekly gain of 14.35 points to rest at 1,151.38 points, from December 27 to 31.
Starting the trading week at 1,137.03 points on Sunday, the benchmark index had shed 1.56 points by the days closing. It dropped another 3.52 points on Monday. However, Nepse more ...